Manifesto Misconduct ? An healthy diagnosis of the election code of conduct being ???

In its manifesto released yesterday , Congress has promised to create 10 Crore ( = 100 million ) new jobs in next 5 years , if voted to power

Now , EC’s Model Code of Conduct tells political parties ,

” If you make any promise in your manifesto , you must also spell out , howyou are going to fund it ; how – and from where – you are planning toraise the money to fulfill your promise ”

No such explanation / clarification in Congress Manifesto !

Only EC can say whether this is a blatant violation of Code of Conduct

Provided , BJP / AAP lodge a complaint with the EC

But BJP / AAP can do better than just lodge a complaint

In their own respective manifestos , they too , can promise to generate 100 million new jobs in 5 years , if voted to power

But strictly , in

> Organized Private Sector

> Un-organized Private Sector

> Self – Employed Sector

Now each job will require an additional Capital ( fixed + working ) of Rs 1 million , on an average

That means , these Sectors ( not the Government ) will need to raise ,

> Rs 1 million * 100 million ( Rs 10 Lakh * Crores )

If voted to power , we ( BJP / AAP ) will enable these Sectors to raise this amount of funds thru introduction of following schemes :

> BLACK MONEY AMNESTY SCHEME

These Sectors will be allowed to invest their Black Money ( whether stashed locally or abroad ) in specific , Government – Approved , ” Infrastructure Bonds ” . No questions will be asked as to the source of the funds and the interest earned will be tax-free for a period of 10 years

> JOB GENERATION SCHEME

Since the emphasis is on Job Generation , companies will be ” incentivized ” to hire more permanent personsThe incentive will be in the form of reducing Corporate Income Tax ( % ) as a company’s employment goes up by setting in motion , ” INVERSION of JOB REDUCTION ” regime , under which ,

Let us celebrate those who provide employment to large number of persons

> DOWN-SIZE GOVERNMENT SCHEME

* Government is already over-staffed . It is hiring 4 persons to do the work of one !Hence , no new jobs will be created in Government or in PSUs for next 5 yearsThere will be a ” Recruitment Freeze ” in government – except for the defense servicesGovernment / PSU employment will be allowed to shrink thru resignations / retirements / deaths etc , by adopting the rule of ” No Replacements ”

> SELF EMPLOYEMENT SCHEME

Every unemployed person registering under this scheme will get an interest – free loan of Rs 50,000 / – from any scheduled bank where he / she opens a bank account , repayable in 10 years. Central Government will insure these loan-re-paymentsA suitable mechanism will be put in place to prevent misuses such as ,

And this White Money will get deployed in the CAPITAL MARKET , officially !

With this , we expect the SENSEX to cross 50,000 by 2019 !

Listed ” Private Sector ” companies will be able to attract funds at very low interest rates and deploy these for creating productive assets / employment

These funds will also encourage Private Sector companies to take up long duration Infrastructure Projects – without asking the Governments to guarantee ” Viability Gap Funding ”

> CAPITAL ASSETS CREATION SCHEME

Under this scheme , companies will be granted an ” Accelerated Depreciation ” on incremental Capital Assets created during the year

This will encourage companies to plough back their profits into creating manufacturing capacities , thereby improving the contribution of manufacturing to our GDP

Simultaneously , this scheme will give a huge boost to India’s Capital Goods Industry – the mother of all industries !

I hope the Manifesto – Writers of BJP / AAP etc examine these schemes and ask of themselves ,

” Will these meet EC’s Code of Conduct ? ”

And , will these Manifesto Authors dare to promise ,

” If voted to power , we will enact a law that makes each Manifesto , a legally binding Contract between the people of India and the party making the promises – breach of which , will be punishable by a jail term , of not less than 10 years ”

ECO PACK

CONSULTANTS & SERVICE PROVIDERS FOR PROPERTY BUYERS at BANGALORE.!!!!!!!!!!
WE PROVIDE THE FOLLOWING SERVICES:
***********************************
IDENTIFICATION OF PROPERTIES. .TITLE VERIFICATION. LEGAL OPINION. INVESTIGATION AND VERIFICATION OF DOCUMENTS. SITE VISIT. INSPECTION AND MEASUREMENT OF PROPERTY BY EXPERTS. COMPLIANCE REPORT(STATUTORY COMPLIANCE). DOCUMENTATION:- SALE AGREEMENT, GPA, SALE DEED. EXECUTION OF REGISTRATION. KATHA TRANSFER. INCOME TAX CONSULTATION. CONSULTATION AND REPORT FROM CHARTERED ENGINEER & THE ARCHITECT. VALUATION OF PROPERTIES BY OFFICIAL VALUATORS. *****************************
Acceptance of the assignments is at our discretion.

Meta

Follow Blog via Email

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 803 other followers

DISCLAIMER-NO LIABILITY CLAUSE-READ THIS

DISCLAIMER
The Information/s, views & ideas expressed/provided/suggested/recommended/ regarding legal subjects & all other subjects & articles submitted/published/ replies to queries/ in our blogs are only for general awareness & are not responsible for any consequence through use or misuse of the same. The blog is designed for general information only. The information presented should not be construed to be neither formal legal advice nor the formation of a lawyer/client relationship. It is sincerely advised to cross check the contents with any authentic publications, documents and records. We are not liable for any damages for the use/misuse of the contents of this blog. All our advice/s, Recommendations and Suggestions are GENERAL IN NATURE WITHOUT ANY LEGAL IMPLICATIONS. Errors and omissions exempted. The views, opinions, suggestions, quoted, published, stated, statements, recommendations and clarifications expressed by the readers or authors are their personal ideas and views and are not liable or responsible in any manner at any point of time for the use or misuse and consequences. It is advised to verify and cross check on all the matters relating to the subjects published or discussed on this forum from authoritative and legitimate sources. We might not be able to accommodate request on opinions, suggestions and queries from all the reads or viewers and will consider and respond to the selected few.
Non-serious persons are requested to abstain and refrain from raising queries and Questions for any academic interest will be rejected. The answers and comments are for illustrative purposes only and should not be relied or regarded as legal advice. The answer to the grievance of the particular online query depends on the facts of the particular case/details provided/clarifications given and law applicable to it. Answers and information disseminated on this Web site is intended to be educational in nature and not intended to be a source of advertising or solicitation or be interpreted as legal advice. Users and viewers discretion is solicited and it’s at their own risk. The ads appear at any part of our blog is not our publication nor any authorisation issued by us and their contents and application are illegal. The readers are warned not to click or check or make application of these ads.

SEARCH

Search for:

Email Subscription

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Meta

OLDER POSTS

OLDER POSTS

COMMENTS – REMARKS – MODERATION –

1. Comments will be moderated.
2. Comments/Remarks that are abusive, personal, incendiary or irrelevant cannot be published. If such remarks or comments are highly abusive, appropriate legal action will be initiated.
3. Please write complete sentences and do not post or write or publish personal information/document number/addresses/names/sensitive details etc, which might affect the person/s or the organization/s.
4. We will remove hyperlinks within comments.
5. Please use a genuine email ID and provide your name, to avoid rejection.
6. All email or telephone numbers will be verified before publication of articles or the post. E mail id and telephone numbers will not be published.
7. Illegal and Anti National articles/details will be rejected and communication will be discontinued.